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The Travelers Companies, Inc. Message Board

  • classfiverapids classfiverapids Jun 21, 2013 10:07 AM Flag


    Jay, it is now below 80

    Why aren't you giving some assurance to investors that you are serious in cutting costs

    Are the overpaid claim lawyers still employed or did you finally can them and bring in adjustors who can do a better job at 1/3 of the salary

    Did you finally shut down the Philly adjustor office in that gorgeous tower across from City Hall and move these papers pushers up Broad Street or out on Market Street past University of Pa where the office space is much cheaper and the public transportation is just at good

    Are getting rid of offices and cubicles and outing the highly paid claim lawyers in an open desk like so many other companies are now doing to save money for the investors

    Are the adjustors still in the Hunting Valley Country Club in suburban Baltimore? How come you did not move them to the cheap office space in West Baltimore?

    Are claim adjustor handlers still allowed to rent cars rather than use hotel shuttles?

    Are claim adjustors staying at HIltons and Marriotts rather than Motel 6, Super 8 or Red Roof Inn?

    Are these claim adjustors parking in airport garages or are they, like most lower level people who travel, staying at off-site parking locations and taking a shuttle to the airport?

    I can go on and on and on and on and on!!

    Come on Jay, you get paid the big bucks to grow that stock price and the best way to grow that stock price is to :

    1) CUT CUT CUT

    2) Follow Freddie's advise on how to grow the business

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